Club 400

Analysis

Club 400 is a registered charity in United States, based in LK in the HLS, IL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Club 400 reported income of $63k and spending of $104k, spending 167% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $66k to $63k (-4.8%), an average of -2.4% a year. The sharpest change came in the year to December 2023, when income rose by 194%. Over the whole period it spent 128% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Club 400 sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Balif Foundation ($63k), Golf for Vocations Inc ($63k) and Falmouth Education Foundation ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.